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Jakobsen: The Only Trade Is Fixed Income
Steen Jakobsen, Saxo Bank's Chief Investment Officer, says confusion reigns in the markets. They've been too complacent and too leveraged and those are just some of the reasons why we're seeing such volatility.
Now, he says, we're moving towards normalization. And we need to realize it's time to reform the supply side of the economy.
Despite the turmoil in the bond markets recently, Steen says there are great opportunities to be found in fixed income. Here he explains why.
01:56 minutes
Tags: bondmarket, bonds, complacent, confusion, fixed income, investment, leverage, markets, tradingfloor.com, turmoil, volatility, yields
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